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    Principles of Managerial Finance
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    Exam 12: Risk and Refinements in Capital Budgeting
  5. Question
    The Objective of Capital Rationing Is to Select the Group
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The Objective of Capital Rationing Is to Select the Group

Question 93

Question 93

True/False

The objective of capital rationing is to select the group of projects that provides the highest overall net present value and does not require more dollars than are budgeted.

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